San Antonio TX Business News

BUSINESS NEWS

Gas station in San Antonio with lower gas prices

San Antonio Gas Prices Drop Significantly

January 21, 2025

News Summary San Antonio experiences a significant drop in gas prices by 11.1 cents per gallon over the past week, bringing the average to $2.58. This decrease offers relief for...

Interior of a luxury bus with reclining seats

New Luxury Bus Service Launches in Texas

January 21, 2025

News Summary GOGO Charters is launching a daily luxury bus service starting January 13, 2025, connecting major cities along the I-35 corridor including San Antonio, Austin, Temple, and Waco. This...

Cityscape of San Antonio featuring economic growth elements

San Antonio’s Economic Growth Surges in 2023

January 19, 2025

News Summary San Antonio is experiencing rapid economic growth, becoming the second fastest-growing city in the US. With a population increase of nearly 20% since 2010, the city’s GDP surged...

A rooftop bar in San Antonio filled with colorful drinks and happy patrons.

San Antonio’s Beverage Scene Welcomes New Venues

January 19, 2025

News Summary San Antonio’s beverage scene is thriving with the recent openings of urban wineries, a Korean BBQ restaurant, and a new beverage concept. Loblolly Cellars and Vino Grotta are...

Closed restaurant storefronts in San Antonio

San Antonio’s Restaurant Scene Encounters Multiple Closures

January 18, 2025

News Summary The start of 2025 has been challenging for San Antonio’s restaurant scene, with several beloved eateries announcing closures. Iconic spots like La Madeleine and Chef Johnny Hernandez’s The...

Interior of CosMc's Coffee shop with modern decor.

CosMc’s Coffee Locations to Close in Texas

January 18, 2025

News Summary CosMc’s, McDonald’s coffee-focused venture, is set to close three of its seven locations in Texas. The company aims to shift focus to smaller-format stores with more tailored offerings....

Interior of a San Antonio coffee shop with various coffee drinks on display

San Antonio’s Coffee Shops Make a Mark

January 17, 2025

News Summary San Antonio’s coffee scene is gaining recognition with a new ranking highlighting the city’s top 10 coffee shops. The rankings feature fresh contenders, including NoFi Slow Bar and...

The historic Hedrick Building in San Antonio with a view of the city skyline.

Historic Hedrick Building in San Antonio Faces Uncertain Future

January 16, 2025

News Summary The Hedrick Building in San Antonio, known for its historical significance, has been acquired by BRMK St. Mary’s LLC after years of proposed renovations for an extended-stay hotel....

An artistic rendering of the Broadway East development project in San Antonio.

Broadway East Project Approved for San Antonio Redevelopment

January 16, 2025

News Summary San Antonio’s Historic Design and Review Commission has approved the conceptual design plans for the Broadway East project, a 15-acre redevelopment that will introduce retail and office spaces...

Finance

Employees working at JPMorgan Chase office in San Antonio

Major Changes Ahead for JPMorgan Chase Employees in San Antonio

January 14, 2025

News Summary JPMorgan Chase is rolling back its hybrid work model, requiring approximately 5,000 employees in San Antonio to return to the office full-time by March. This decision, met with...

Diverse USAA team showcasing leadership in the office

USAA Appoints Juan C. Andrade as New CEO

January 9, 2025

News Summary USAA has officially named Juan C. Andrade as its new President and CEO, effective April 2. Andrade, with nearly 40 years of experience in financial services, takes over...

CONSTRUCTION

The historic Hedrick Building in San Antonio with a view of the city skyline.

Historic Hedrick Building in San Antonio Faces Uncertain Future

January 16, 2025

News Summary The Hedrick Building in San Antonio, known for its historical significance, has been acquired by BRMK St. Mary’s LLC after years of proposed renovations for an extended-stay hotel....

An artistic rendering of the Broadway East development project in San Antonio.

Broadway East Project Approved for San Antonio Redevelopment

January 16, 2025

News Summary San Antonio’s Historic Design and Review Commission has approved the conceptual design plans for the Broadway East project, a 15-acre redevelopment that will introduce retail and office spaces...

Construction of new apartments in San Antonio with cranes.

San Antonio’s Apartment Surge Amid Vacancy Confusion

January 15, 2025

News Summary San Antonio is experiencing a significant increase in apartment construction, with over 12,000 units developed in 2024, almost double the usual amount. However, the office sector is struggling,...

Cityscape view of San Antonio showcasing housing and local amenities.

San Antonio’s Housing Market Thrives Despite Challenges

January 12, 2025

News Summary San Antonio’s housing market is booming, showcasing resilience in a tough economic environment. With two ZIP codes among the top five housing markets for 2024, buyers enjoy improved...

A busy San Antonio street with vehicles in traffic and parked cars.

San Antonio Traffic Trends Show Improvement Amid Rising Thefts

January 12, 2025

News Summary A new INRIX study reveals San Antonio’s traffic congestion has decreased by 10% from 2019 to 2022, though vehicle thefts remain a concerning issue with nearly 19,000 reported...

Rendering of San Antonio's proposed sports and entertainment district

Proposed Sports and Entertainment District in San Antonio

January 10, 2025

News Summary San Antonio is planning an ambitious downtown sports and entertainment district, featuring a new arena for the Spurs, renovated Alamodome, and expanded convention facilities. The $1.2 billion project...

Exterior view of Portillo's restaurant in Schertz, Texas

Portillo’s Set to Open in Schertz by Summer 2025

January 6, 2025

News Summary Portillo’s, the well-known Chicago-based fast-food chain, is gearing up to open its first location in Schertz, Texas, by the summer of 2025. This will be the only Portillo’s...

Marketing

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Real Estate

Cityscape of San Antonio featuring economic growth elements

San Antonio’s Economic Growth Surges in 2023

January 19, 2025

News Summary San Antonio is experiencing rapid economic growth, becoming the second fastest-growing city in the US. With a population increase of nearly 20% since 2010, the city’s GDP surged...

The historic Hedrick Building in San Antonio with a view of the city skyline.

Historic Hedrick Building in San Antonio Faces Uncertain Future

January 16, 2025

News Summary The Hedrick Building in San Antonio, known for its historical significance, has been acquired by BRMK St. Mary’s LLC after years of proposed renovations for an extended-stay hotel....

An artistic rendering of the Broadway East development project in San Antonio.

Broadway East Project Approved for San Antonio Redevelopment

January 16, 2025

News Summary San Antonio’s Historic Design and Review Commission has approved the conceptual design plans for the Broadway East project, a 15-acre redevelopment that will introduce retail and office spaces...

Construction of new apartments in San Antonio with cranes.

San Antonio’s Apartment Surge Amid Vacancy Confusion

January 15, 2025

News Summary San Antonio is experiencing a significant increase in apartment construction, with over 12,000 units developed in 2024, almost double the usual amount. However, the office sector is struggling,...

Aerial view of San Antonio homes with overlay of insurance symbols and rising costs.

San Antonio Homeowners Experience Surge in Insurance Rates

January 14, 2025

News Summary Homeowners in San Antonio are facing rising home insurance rates driven by natural disasters and escalating construction costs. A significant portion of properties in the area is at...

Luxury home in the San Antonio-New Braunfels area

San Antonio-New Braunfels Area Records Surge in Luxury Home Sales

January 13, 2025

News Summary The San Antonio-New Braunfels area has reached a record high in luxury real estate sales, with 656 million-dollar homes sold, totaling $957 million last year. This growth is...

Cityscape view of San Antonio showcasing housing and local amenities.

San Antonio’s Housing Market Thrives Despite Challenges

January 12, 2025

News Summary San Antonio’s housing market is booming, showcasing resilience in a tough economic environment. With two ZIP codes among the top five housing markets for 2024, buyers enjoy improved...

Suburban housing in San Antonio and New Braunfels

San Antonio and New Braunfels Rise in 2024 Real Estate Rankings

January 9, 2025

News Summary San Antonio and New Braunfels are making headlines as they rank among the hottest real estate markets in the U.S. for 2024. The 78253 ZIP code in San...

Community celebration for Patty Mills NBA milestone

Patty Mills Makes NBA History with 1,000 Games in San Antonio

January 7, 2025

News Summary San Antonio Spurs legend Patty Mills has become the first Australian player to reach the milestone of 1,000 games played in the NBA. This achievement recognizes his dedication...

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